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5paisa Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 17,18,734 where number of active customer for TradeSmart is . 5paisa is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of 5paisa vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs TradeSmart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs TradeSmart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs TradeSmart on Service

  5paisa Compare
5paisa
TradeSmart Compare
TradeSmart
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 4 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 4 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 17,18,734
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.
Broker Enquiry Request call back from 5paisa Request call back from TradeSmart
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Account Opening Charges and AMC

Compare 5paisa vs TradeSmart on Trading & Demat Account Opening Charges

Comparison of 5paisa with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare 5paisa with TradeSmart
Charges 5paisa TradeSmart
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs TradeSmart on Plan Options

Plans are the most important feature you look when compare 5paisa with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with TradeSmart on Plan Options
Plan Types 5paisa TradeSmart
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa TradeSmart
Account Opening Request
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Brokerage Charges

Compare 5paisa vs TradeSmart on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare 5paisa with TradeSmart
Brokerage Charges Compare 5paisa TradeSmart
Plan Name Basic Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Flat Fee Rs 20 Flat Fee Rs 15
Equity Intraday Flat Fee Rs 20 Flat Fee Rs 15
Equity Futures Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare 5paisa vs TradeSmart on Transaction Charges

Compare 5paisa with TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with TradeSmart
Transaction Charges Compare 5paisa TradeSmart
Equity Delivery Rs 325 Per Cr Rs 350 Per Cr
Equity Intraday Rs 325 Per Cr Rs 350 Per Cr
Equity Futures Rs 190 Per Cr Rs 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 7150 Per Cr
Currency Futures Rs 90 Per Cr Rs 165 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for trade-smart-online
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Account Features

Compare 5paisa vs TradeSmart on Account Features

Compare 5paisa with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with TradeSmart
Account Features Compare 5paisa TradeSmart
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with TradeSmart
Trading Platform Compare 5paisa TradeSmart
Desktop Trading Platform 5paisaTradeStation NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Sine
Mobile Trading App Demo 5paisa Mobile App Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare 5paisa vs TradeSmart on User Rating

  5paisa TradeSmart
  27 Customer Reviews    Rate 5paisa 34 Customer Reviews    Rate TradeSmart
Fees Ratings 3.1 3.9
Trading Brokerage Rating 3.9 4.4
Trading Platform Usability 3.3 3.7
Customer Service Ratings 2.7 4.0
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare 5paisa vs TradeSmart on Investment Offerings

Compare 5paisa with TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - 5paisa offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with TradeSmart
Investment Offerings Compare 5paisa TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs TradeSmart on Order Types

Order Type - Compare 5paisa with TradeSmart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with TradeSmart
Order Type Compare 5paisa TradeSmart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare 5paisa vs TradeSmart on Customer Service

Compare 5paisa with TradeSmart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with TradeSmart
Customer Service Compare 5paisa TradeSmart
24/7 Customer Service 5paisa vs TradeSmart - 24x7 customer support No No
Email Support 5paisa vs TradeSmart - Email Support Yes Yes
Onine Live Chat 5paisa vs TradeSmart - Onine Live Chat No Yes
Phone Support 5paisa vs TradeSmart - Phone Support Yes Yes
Toll Free Number 5paisa vs TradeSmart - Toll Free Number No No
Through Branches 5paisa vs TradeSmart - Through Branches No No
Customer Care Number 5paisa vs TradeSmart - Customer Care Number +91 89766 89766 022 61208000/42878000
Account Opening Process 5paisa vs TradeSmart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs TradeSmart - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://help.tradesmartonline.in/
Head Office Address 5paisa vs TradeSmart - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website 5paisa vs TradeSmart - Company Website https://www.5paisa.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare 5paisa vs TradeSmart on Research Reports, Tips

Compare 5paisa with TradeSmart on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with TradeSmart
  5paisa TradeSmart
Research Mutual Funds 5paisa vs TradeSmart - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs TradeSmart - Research Equity Reports Yes No
Research ETF 5paisa vs TradeSmart - Research ETF No No
Daily Market Report 5paisa vs TradeSmart - Daily Market Report Yes No
Free Tips 5paisa vs TradeSmart - Free Tips Yes No
Quarterly Result Analysis 5paisa vs TradeSmart - Quarterly Results No No
News Alerts 5paisa vs TradeSmart - Yes No
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Demat Account

Compare 5paisa vs TradeSmart on Demat Account

Compare 5paisa with TradeSmart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for TradeSmart is ₹300 pa where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for TradeSmart is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with TradeSmart
  5paisa TradeSmart
DP Source CDSL CDSL
DP ID 5paisa vs TradeSmart - DP ID 82500 30400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹25
Demat ₹15 per certificate ₹500 per certificate (Min ₹500 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹50 ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹200 per script
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹200 per script
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs TradeSmart on Special Offers and Promotion

Compare 5paisa with TradeSmart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs TradeSmart on Special Offers and Promotion
  5paisa TradeSmart
Pay In and Pay Out Options 5paisa vs TradeSmart - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time 5paisa vs TradeSmart - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs TradeSmart - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • Lacking in-house research.
  • No online process to invest in IPO, FPO, Buyback.
  • Mutual Funds investment option is not available.
  • The process is not defined for NRI customers.
  • In-house trading platforms are missing.

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer. Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire for 5paisa Enquire for TradeSmart

Last Updated on 2022-05-25T01:20:20+00:00


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